With gold up about US$30.00 from Friday's close to over US$830.00 some of Friday's sellers might have difficulty getting back in.
Anyone who understands the first thing about gold exploration can probably see that PRE look to be onto something potentially huge.
Excellent near surface gold intersections and grades have now been followed by a tremendous intersection of 55 metres at depth grading close to 4 g/t.
This imo does not look like your average small gold find.
The time to get in is while PRE are still capitalised well under $100 million - only about $50 million based on Friday's close - and BEFORE PRE release any more drilling results from their current campaign.
Because if PRE's RC drilling at depth continues to be successful with more large intersections at strong grades then PRE should absolutely fly imo.
PRE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held